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Prepare new contribution format income statement under each

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Reference no: EM131000341

Whirly Corporation's most recent income statement is shown below:

 

 Total

Per Unit

  Sales (8,300 units)

 $

249,000  

 $

30.00

 

  Variable expenses

 

149,400  

 

18.00

 

 

 

 

 

 

 

  Contribution margin

 

99,600  

 $

12.00

 

  Fixed expenses

 

54,500  

 

 

 

 

 

 

 

 

 

  Net operating income

 $

45,100  

 

 

 

 

 

 

 

 

 

 

Required:

Prepare a new contribution format income statement under each of the following conditions (consider each case independently):

1. The sales volume increases by 100 units.

2. The sales volume decreases by 100 units.

3. The sales volume is 7,300 units.

Reference no: EM131000341

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